A) The barter system
B) Hunting and gathering
C) Subsistence agriculture
D) Large scale manufacturing

A) Having the same occupation as their parents
B) Serving in government assemblies
C) Establishing a mercantile system of trade
D) Working in an industrialized cities

A) Officials of the government control all aspects of economic activity
B) Supply and demand are determined by consumers of foodstuffs
C) Wholesalers of agricultural goods make most of the decisions
D) Manufacturers of industrial goods control the resources

A) Command, Mixed, Free Enterprise
B) Free Enterprise, Command, Mixed
C) Mixed, Command, Free Enterprise
D) Free Enterprise, Mixed, Command

A) The privatization of business and production of goods and services
B) The restoration of a bartering system in developing countries
C) The government ownership, control and regulation of property
D) The organization of workers’ unions in industrialized nations

A) Prices change according to changes in the supply and demand for products
B) All industries except smaller businesses are controlled by the government
C) The government sets the prices of products and the quantity of goods
D) Prices are fixed by agreements among business leaders and labor unions

A) There is a high rate of unemployment
B) Resources are allocated by government decisions
C) A variety of economic incentives encourage business growth
D) Prices are set by consumers

A) The success of the agricultural sector controls the manufacturer's goods
B) They allow the laws of supply and demand to control the economy
C) They determine the type and quantity of goods to be produced through Five Year Plans
D) Trade policies mandated that imports exceed exports

A) Free Enterprise
B) Traditional
C) Communist
D) Socialist

A) Government officials
B) Farmers
C) Bankers
D) Consumers